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Sector Scan: Renewable Energy Equipment And General Mining Sectors Rise, Investment Services Lose

 May 12, 2011 01:36 PM

Renewable energy equipment sector gained 2.49 percent to emerge as the market's best performing sector, closely followed by general mining sector with 2.12 percent gain. Investment services sector lost 1.55 percent to become the day's worst performing sector.

In the renewable energy equipment sector, iShares S&P Global Clean Energy Index (Nasdaq: ICLN) gained 0.58 percent or 10 cents to trade at $17.38. Among major stocks, shares of First Solar, Inc. (Nasdaq: FSLR) added 4.52 percent or $5.62 to trade at $130.02. Shares of Energy Conversion Devices, Inc. (Nasdaq: ENER) gained 1.89 percent or 3 cents to trade at $1.62. Shares of STR Holdings, Inc. (NYSE: STRI) were up 2.07 percent or 33 cents to trade at $16.29.

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Among major movers in the general mining sector, SPDR S&P Metals and Mining (NYSEArca: XME) gained 1 percent or 70 cents to trade at $70.43. Among major stocks, Cybex International, Inc. (Nasdaq: CYBI) shares added 6.98 percent or 6 cents to trade at 92 cents. Shares of Drew Industries Inc. (NYSE: DW) were up 4.09 percent or $1.02 to trade at $25.97. Shares of Thor Industries Inc. (NYSE: THO) gained 3.78 percent or $1.16 to trade at $31.98.

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In the investment services sector, shares of Penson Worldwide Inc. (Nasdaq: PNSN) slumped 25.70 percent or $1.01 to trade at $2.92. Shares of Goldman Sachs Group, Inc. (NYSE: GS) were down 4.53 percent or $6.68 to trade at $141.21. Shares of Ladenburg Thalmann Financial Services Inc. (AMEX: LTS) fell 3.33 percent or 4 cents to trade at $1.16.

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